Gold's 30-day realized volatility has surged above 44%, hitting its highest level since the 2008 financial crisis. Historically, there have only been 2 instances where gold's volatility surpassed Bitcoin's— One was last May during Trump's tariff war, and the other is now. Gold is dropping, Bitcoin is dropping, stocks are dropping, but the reasons for their declines aren't exactly the same. Just like I said yesterday: when it comes to investing, small steps lead to big gains over time. As long as the overarching themes of geopolitical narratives and major power struggles remain unchanged, the long-term demand for gold will always be there. This core logic is undeniable. So whether it's gold, $BTC, or the Nasdaq, find your target, understand the logic, and strive to be a long-term value investor!